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4 Cards in this Set
- Front
- Back
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Strategic planning groups define company missions and goals, external threats and opportunities, internal strengths and weaknesses |
Strategy formulation |
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Company follow through on strategy by allocating resources,makes sure it has skilled employees, and develop reward systems that align with company goals |
Strategy implementation |
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Variables to be considered in strategy implementation |
1. Rewards system 2.training and development 3. Task design |
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5 directional strategies |
1. Downsizing 2. Mergers ND acquisitions 3 external growth strategy 4. Internal growth strategy 5.concentration strategy |
